From The Motley Fool · Howard Smith · · 40s
Plug Power Rises 3.45% Ahead of Q3 Report
Plug Power stock jumps 3.45% as investors anticipate Q3 earnings improvements.
In brief
Plug Power stock jumps 3.45% as investors anticipate Q3 earnings improvements. Plug Power shares rose 3.45% to $1.50 after reporting 13% revenue growth to $201 million with lowest-ever quarterly cash burn of $28 million. Originally reported by The Motley Fool.
Stock Market Today
S&P 500 rose 2.3% to 7,549.94, Nasdaq up 2.7% to 25,253.14, and Bitcoin gained 1.1% to $75,214.00.
Plug Power Stock Moves
Plug Power shares rose 3.45% to $1.50 after reporting 13% revenue growth to $201 million with lowest-ever quarterly cash burn of $28 million.
Investor Reaction
Investors bid shares up ahead of earnings, expecting improvements in revenue generation and cash usage.
What it means
Plug Power shares rose 3.45% to $1.50 after reporting 13% revenue growth to $201 million with lowest-ever quarterly cash burn of $28 million.
